Enlarge Graph What is the consumer credit report? Consumer credit measures the total level of debt owed by individuals. It’s the value of consumer installment credit that’s outstanding. Installment credit may be revolving. It doesn’t need repeated approval from the lender–for example, credit card debt. It can also be non-revolving–for example, a car loan or student loans. As […]
BANGALORE: Personalloan eligibility differs from bank to bank. It depends upon various factors and one of the main factor, is your ability to repay the loan. Banks that offer personal loans have strict eligibility criteria. For example banks assess your repayment capacity with the kind of organization you work in and even rate organizations. If […]
(BPT) – Do you know what your credit scores are? If you dont, youre not alone. In fact, many people know very little about their credit scores, what they are or how they work. And they certainly dont understand that having low credit scores can have a big impact on their future. Are you one […]
There are changes coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers. Banks, credit card issuers, auto lenders and other businesses use those scores to decide whether to lend to consumers and how much interest to charge them. A higher score could get you better terms on […]
Since North Carolinas coast was a popular target for Blackbeard and other buccaneers, it seems fitting that ElecTel Cooperative Federal Credit Union is hosting a loan promotion to celebrate International Talk Like a Pirate Day Sept. 19. The $42 million cooperative in Raleigh, NC, announced it will offer rates as low as a 2.50% annual […]
Big changes coming for your FICO credit scores There are changes coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers.
loanDepot LLC has announced plans to begin offering personal loans in early 2015. The move marks the first milestone in the companys strategic plan to enter and redefine the consumer lending category as the premier national lender of choice. Today, fewer consumers are looking to national banks for loans, and theres no national nonbank consumer […]
IRVINE, Calif., Sept. 3, 2014 /PRNewswire/ — loanDepot LLC, one of the fastest-growing nonbank lenders in the nation, today announced plans to begin offering personal loans in early 2015. The move marks the first milestone in the companys strategic plan to enter and redefine the consumer lending category as the premier national lender of choice.
NEW YORK — The latest banks are small enough to fit in the palm of your hand. Start-ups, such as Moven and Simple, offer banking thats designed specifically for smartphones, enabling users to track their spending on the go. Some things havent changed. Like traditional banks, customers open a checking account, get a debit card […]
BEIJING, CHINA – International stock markets were mostly lower today as investors digested signals from the Jackson Hole, Wyoming meeting of US central bankers and looked ahead to data expected to show an improving US economy. Wall Street futures point to a flat opening today ahead of data on durable goods. Benchmark US crude oil […]